The buyer's premium is a percentage added to the hammer price* of each lot sold, and paid by the winning bidder.
The JSE&A buyer's premium is variable depending on how the bid is placed.
1. Standard In House
A 17% or 19.5% buyer's premium applies to any lot won by:
- Live on-site bidding in person at our gallery
- Live Telephone Bidding
- Absentee Bidding directly with our auction house (not through Jeffrey S. Evans LIVE, LiveAuctioneers, or Invaluable)
2. Jeffrey S. Evans LIVE
A 19% or 21.5% buyer's premium applies to any lot won through Jeffrey S. Evans LIVE, our live bidding app.
The 21.5% buyer's premium is discounted to 19% if payment is made by cash, check, money order or bank wire transfer.
3. LiveAuctioneers and Invaluable
A 24.5% buyer's premium applies to any lot won by bidding through LiveAuctioneers and the Invaluable platform (includes Live internet and absentee bidding) regardless of the method of payment.
All of our post-auction realized prices include the discounted buyer's premium.